Non Linked Non Participating Endowment Assurance Plan

Tata AIA Life Insurance Gold Income Plan 5 years, Guaranteed Income for 10 years and pays an
Annualised Premium of r1,00,0001 p.a., assuming that he is in
A Non-Linked, Non-Participating, Endowment Assurance Plan good health.
We, at Tata AIA Life, believe in protecting your dreams at various Scenario 1: On survival till maturity of the Policy, Mahesh gets
stages of life without compromising on your needs through 100% of Basic Sum Assured on Maturity and Guaranteed
financial resources. You do not have to think twice to live your Income from the end of 13th policy year as mentioned below:
dreams as they now come with guaranteed payouts.

We present to you, Tata AIA Life Insurance Gold Income Plan, a 100%
of
Basic Sum
limited pay income plan that meets tomorrow's requirements Assured

along with protecting your loved ones and dreams as it ensures

you of guaranteed returns for the money invested. This plan not Pays Premium Guaranteed Income @ 12% of Basic
of r1,00,000 Sum Assured increasing every year
only offers Guaranteed Lump Sum benefit on Maturity but also for 5 years @9% with Income Booster
gives Guaranteed Income during the income term that Year 1 5 12 13 22
increases every year.
End of Guaranteed Income Benefit
Guaranteed
Investment in this plan helps you fulfill your medium to long Policy Maturity Booster Amount
Income
Year Benefit @9% (r)
term goals such as Child’s Education/ Marriage or
Retirement planning. 12 3,29,000 - - 3,29,000
13 - 39,480 12.00% 39,480
Key Benefits 14 - 43,033 13.08% 43,033
• Get Guaranteed Maturity Benefit* at the end of policy term 15 - 46,906 14.26% 46,906
• Choose your Guaranteed Income* for 10 or 15 years 16 - 51,128 15.54% 51,128
17 - 55,729 16.94% 55,729
• Receive Guaranteed Income* starting @ 12% of the Basic
Sum Assured 18 - 60,745 18.46% 60,745
19 - 66,212 20.13% 66,212
• Enjoy increasing income with Income Boosters of 5% to
10% on Guaranteed Income*, based on premium amount, 20 - 72,171 21.94% 72,171
premium paying term & income term chosen 21 - 78,666 23.91% 78,666
• Get higher Guaranteed Income* with higher annual 22 - 85,746 26.06% 85,746
premium payment Total Benefit Amount (r) 9,28,816
• Pay for 5/12 years for policy term of 12/15 years
Scenario 2: In case of unfortunate demise of Mahesh in the 3rd
• Enhance your protection with optional Riders policy year, a lump sum Death Benefit is paid:
• Receive tax benefits u/s 80C and 10(10D), as per Death Benefits Benefit Amount (r)
the applicable Income Tax laws
Sum Assured on Death 11,00,000
How Does the Plan Work?
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The premium shown in the example above is for a healthy individual,
Example: standard life and excluding applicable taxes, cesses & levies. All
Premiums are subject to applicable taxes, cesses & levies which will
Mahesh, aged 35 years (Male), planning to buy a limited pay entirely be borne by the Policyholder and will always be paid by the
Guaranteed Insurance Plan. He wishes to receive a lump sum Policyholder along with the payment of Premium. If any imposition (tax
benefit for his future goal and Tax free increasing income. To or otherwise) is levied by any statutory or administrative body under the
Policy, Tata AIA Life Insurance Company Limited reserves the right to
fulfill his needs, he opts for Tata AIA Life Insurance Gold Income
claim the same from the Policyholder. Alternatively, Tata AIA Life
Plan for a Policy Term of 12 years, Premium Payment Term of Insurance Company Limited has the right to deduct the amount from
the benefits payable by Us under the Policy. All examples and figures
used herein are for understanding purposes only. Kindly refer the sales

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illustration for the exact premium. Rider charges are not taken into Absolute amount assured to be paid on death is the “Basic
account in this illustration. Sum Assured”. “Basic Sum Assured” shall be equal to the
Annualised Premium x Basic Sum Assured Multiple.
Eligibility Criteria
The policy will terminate upon the death of the insured and no
Plan Parameters Minimum Maximum other benefit under the policy shall be payable.
5 Pay: 6 5 Pay: 65 Post maturity, on the death of Life Insured the outstanding
Age at Entry (years)2 income payments as scheduled, shall be made to the
12 Pay: 3 12 Pay: 55
Age at Maturity 18 5 Pay : 77 nominee/legal heir(s) of the Life Insured.
(years) 2 12 Pay: 70 Note: If a claim is payable under this Policy, any amount of due
Policy Term (PT)/ Policy Term Premium premium/s will be deducted from the amount of death benefit
Payment Term payable to the Nominee/Legal heir.
Premium Payment
12 5
Term (PPT) (years) Maturity Benefit:
15 12
Basic Sum Assured “Basic Sum Assured” shall be equal On Maturity of the policy, provided the policy is in force and all
to the Annualised Premium x Basic due premiums have been paid, 100% of the Basic Sum
Sum Assured Multiple. Assured will be paid as lump sum, additionally a Guaranteed
Premium (r) 5 Pay: 50,000 p.a. No Limit, subject Income of 12% of Basic Sum Assured, shall commence from
(Premium in 12 Pay: 36,000 p.a. to Board approved the end of the year following Maturity, which increases annually
multiples of 1000) underwriting (compounding increase) by an Income Booster, as provided in
guidelines the table below:
Premium Payment Annual/ Half-yearly / Quarterly/ Income Boosters:
Mode Monthly Income boosters is an additional percentage of benefit (as
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All reference to age is as on last birthday. provided in the table below) which increases the guaranteed
income every year. Income Booster percentage will depend on
Key Benefits in detail premium amount, premium paying term and income term
chosen by the Policyholder at inception of the policy.
Death Benefit:
On death of the Life Assured during the policy term, provided Income Term Income Term
the Policy is in force and all due premiums have been paid, the 10 years 15 years
Premium Band
Sum Assured on Death as defined below shall be payable 5 Pay 12 12 Pay 15 5 Pay 12 12 Pay 15
The ‘Sum Assured on Death’ shall be the highest of the 36,000 to 49,999 NA 5.50% NA 5.00%
following: 50,000 to 74,999 7.00% 6.00% 6.00% 5.25%
a) Eleven (11) times of Annualised Premium 75,000 to 99,999 8.00% 6.50% 6.50% 5.50%
1,00,000 to 2,49,999 9.00% 7.50% 7.00% 5.75%
b) 105% of all the premiums paid, (excluding the
2,50,000 and above 10.00% 8.00% 7.50% 6.00%
underwriting extra premiums and modal loading, if any),
as on the date of death
Basic Sum Assured Multiple:
c) Guaranteed Sum Assured on Maturity
Income Term 10 Income Term 15
d) Absolute amount assured to be paid on death Age
5 Pay 12 12 Pay 15 5 Pay 12 12 Pay 15
Where,
Minimum age to 18 332% 855% 265% 688%
“Annualised Premium” shall be the premium payable in a year 19 to 29 331% 851% 264% 685%
chosen by the Policyholder, excluding the underwriting extra
30 to 34 331% 848% 264% 683%
premiums and loadings for modal premiums, if any. Applicable
taxes, cesses & levies shall be collected separately over and 35 to 39 329% 841% 263% 678%
above the policy premiums. 40 to 44 324% 827% 259% 668%
45 320% 817% 256% 659%
“Guaranteed Sum Assured on Maturity” shall be equal to 100%
of the Basic Sum Assured plus the commuted value of all future 46 317% 812% 253% 656%
Guaranteed Income payable during the Income Term, 47 315% 806% 252% 652%
discounted at 7.5% p.a.

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 Income Term 10 Income Term 15 Brochure or contact our Insurance Advisor or visit our
Age nearest branch office.
5 Pay 12 12 Pay 15 5 Pay 12 12 Pay 15
Grace Period:
48 312% 800% 250% 647%
49 309% 795% 247% 643% If you are unable to pay your Premium on time, starting from
the premium due date, a Grace Period of 15 days for monthly
50 306% 789% 245% 638% mode and 30 days for all other modes will be offered. During
51 303% 783% 242% 634% this period your policy is considered to be in-force with the risk
52 299% 776% 240% 629% cover as per the terms & conditions of the policy. If the full
premium for the first 2 & 3 policy years remains unpaid at the
53 295% 770% 236% 625% end of their grace period for limited pay 5 & limited Pay 12
54 291% 762% 234% 619% respectively, the policies shall lapse from the due date of the
55 287% 755% 230% 613% first unpaid premium and have no further value except as may
be provided under the Non-Forfeiture Provisions. If any claim
56 282% - 226% -
occurs during the Grace Period, any due premiums (without
57 277% - 222% - interest) of the policy for the policy year, in which the event has
58 270% - 217% - occurred, which are not paid as on date of death, will be
59 264% - 212% -
deducted from the death claim payout.
60 256% - 206% - Non forfeiture provisions:
61 251% - 201% - • Lapse
62 245% - 197% - If 2 full years premiums for premium payment term of 5 years
63 236% - 191% - and 3 full years premium for premium payment term of 12
years are not paid within the Grace Period, the policy shall
64 227% - 183% - lapse from the due date of first unpaid premium and no
65 216% - 174% - benefits will be payable. However, if minimum due premiums
are paid and premium for subsequent years are not paid within
Additional Benefits and Features the Grace Period, the Policy will be converted into a Reduced
Flexible premium payment modes: Paid-up Policy by default.
You have an option to pay the premiums either Annually, • Surrender Benefit
Half-yearly, Quarterly and Monthly modes. The policy may be surrendered at any point during the policy
A modal loading on premiums will be applicable as mentioned term but shall acquire a surrender value only if at least 2 full
below: years’ premiums have been paid in case of Limited Pay 5 years
or at least 3 full years’ premiums have been paid in case of
Annual Premium Rate Multiply Annual Premium Rate by 1 Limited Pay 12 years.
(i.e. No loading)
Multiply Annual Premium Rate by The Surrender Value payable is higher of Guaranteed
Half Yearly Premium Rate Surrender Value or Special Surrender Value.
0.51
Quarterly Premium Rate Multiply Annual Premium Rate by Guaranteed Surrender Value = Total Premiums Paid
0.26 (excluding the underwriting extra premiums and modal
Monthly Premium Rate Multiply Annual Premium Rate by loading) x GSV factor
0.0883
Special Surrender Value = Special Surrender Value Factor x (No
Flexibility of Additional Coverage: of Premiums paid) / (No of Premiums Payable during the entire
policy term) x “Guaranteed Sum Assured on Maturity”
You have further flexibility to customize your product by adding
the following optional riders. The riders can be attached only at The Special Surrender Value Factors and Guaranteed
policy inception. Surrender Value Factors vary according to the policy term and
• Tata AIA Life Insurance Accidental Death and policy year of surrender.
Dismemberment (Long Scale) (ADDL) Rider Company has the right to review the basis for calculating
(UIN:110B028V01) Special Surrender Value factors from time to time based
• Tata AIA Life Insurance Waiver of Premium Plus (WOPP) on the experience and will be subject to prior approval of
Rider (UIN:110B029V01) IRDA of India.
Riders are not mandatory and are available for a nominal For Guaranteed Surrender Value Factor and Special Surrender
extra cost. For more details on the benefits, premiums and Value Factors, please refer the policy contract.
exclusions under the riders please refer to the Rider

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• Reduced Paid-Up a written notice to the Company and receive the refund of all
If at least 2 full years’ premiums have been paid in case of premiums paid without interest after deducting (a) proportionate
Limited Pay 5 years and at least 3 full years’ premiums have risk premium for the period on cover and (b) stamp duty and
been paid in case of Limited Pay 12 years and subsequent medical examination cost (including applicable taxes, cesses &
premiums remain unpaid and the Policy has not been levies) which have been incurred for issuing the policy. Such
surrendered, the Policy will be converted into a Reduced notice must be signed by you and received directly by the
Paid-up Policy by default. A Reduced Paid-Up policy may be Company within 15 days from the date of receipt of the policy
revived within two years from the due date of the first unpaid document. The said period of 15 days shall stand extended to
premium, as detailed under the Revival Section. In case of 30 days, if the policy is sourced through Sales other than in
Reduced Paid-up policies, the benefit shall be payable as under:
person.
Death Benefit: On death of the Life Insured during the policy
Change in Basic Sum Assured
term, the nominee will receive Sum Assured on Death multiplied
by (Number of Premiums paid) divided by (Number of Premiums Any change in the Basic Sum Assured is not allowed post
Payable during the entire premium payment term). inception of the policy.

This total amount will be subject to a minimum of 105% of all Policy Loan
premiums paid (excluding the underwriting extra premiums and Policy Loan is available in Tata AIA Life Insurance Gold Income
modal loading, if any), as on the date of death. Plan provided that the Policy acquires Surrender Value, you
may apply for a Policy Loan for such an amount within the
Maturity Benefit: On maturity of the Policy, the maturity benefit extent of 80% of Surrender Value.
payable shall be the % of Basic Sum Assured multiplied by Interest rate applicable to policy loan will be equal to the
(Number of Premiums paid) divided by (Number of Premiums prevailing SBI (State Bank of India) domestic term deposit
Payable during the entire premium payment term) interest rate for tenure ‘1 year to 455 days’ + 2%. This formula
The Reduced Paid up Maturity Benefit therefore, will be 100 % will be reviewed annually and only altered subject to prior
of RPU Sum Assured as lumpsum & a guaranteed income of approval of IRDA of India.
12 % of the RPU Sum Assured starting from the end of the year Exclusion
following maturity and increasing annually (compounding increase) In case of death due to suicide within 12 months from the date
therafter by the income booster in accordance with Income of inception of the policy, the nominee or beneficiary of the
booster table given above. Policyholder shall be entitled to at least 80% of the premiums
• Revival paid, provided the Policy is in force or from the date of revival
of the Policy, the nominee or the beneficiary of the Policyholder
If a premium is in default beyond the Grace Period and subject shall be entitled to an amount which is higher of 80% of
to the Policy not having been surrendered, you may revive the premiums paid till date of death or surrender value as available
same within two years after the due date of the first unpaid on the date of death.
premium and before the date of maturity subject to Tax Benefits
Underwriting & Revival rules of the company. However, the
Premiums paid under this plan may be eligible for tax benefits
Company would require: a) A written application from you for under Section 80C of the Income Tax Act, 1961 and are
revival; b) Current health certificate of Insured and other subject to modifications made thereto from time to time.
evidence of insurability satisfactory to the Company and c) Moreover, Life Insurance proceeds enjoy tax benefits as per
Payment of all overdue premiums with interest. Section 10(10D) of the said Act.
Any evidence of insurability requested at the time of revival will Income Tax benefits would be available as per the prevailing
be based on the prevailing underwriting guidelines duly income tax laws, subject to fulfillment of conditions stipulated
therein. Tata AIA Life Insurance Company Ltd. does not
approved by the Board. The revival will be based on the Board assume responsibility on tax implication mentioned anywhere
approved underwriting guidelines. in this document. Please consult your own tax consultant to
The applicable interest rate for revival is determined using the know the tax benefits available to you.
SBI domestic Term Deposit rate for ‘1 year to 455 days’, plus Assignment
2%. Any alteration in the formula will be subject to prior
Assignment allowed as per Section 38 of the Insurance Act
approval of IRDA of India.
1938 as amended from time to time.
Terms and Conditions Nomination
Free Look Period Nomination allowed as per provisions of Section 39 of the
If you are not satisfied with the terms & conditions/features of Insurance Act 1938 as amended from time to time.
the policy, you have the right to cancel the policy by providing

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Advance Premium contract available on Tata AIA Life website.
Collection of advance premium shall be allowed, only if the • Buying a Life Insurance policy is a long-term commitment.
premium is collected within the same Financial Year. However, An early termination of the policy usually involves high
where the premium due in one financial year is being collected costs and the Surrender Value payable may be less than all
in advance in earlier financial year, the Company may collect the Premiums Paid.
the same for a maximum period of three months in advance of
the due date of the premium. The premium so collected in • This product brochure should be read along with Sales
advance shall only be adjusted on the due date of the premium. Illustration.

Prohibition of Rebates - Section 41 - of the Insurance Act, • This product is underwritten by Tata AIA Life Insurance
1938, as amended from time to time Company Ltd. This plan is not a guaranteed issuance plan
and it will be subject to Company’s underwriting and
1. No person shall allow or offer to allow, either directly or acceptance.
indirectly, as an inducement to any person to take out or
renew or continue an insurance in respect of any kind of • Insurance cover is available under this product.
risk relating to lives or property in India, any rebate of the • In case of non-standard lives and on submission of
whole or part of the commission payable or any rebate of non-standard age proof, extra premiums will be charged
the premium shown on the policy, nor shall any person as per our underwriting guidelines.
taking out or renewing or continuing a policy accept any
rebate, except such rebate as may be allowed in
accordance with the published prospectuses or tables of BEWARE OF IRDAI is not involved in activities like selling insurance
the Insurer. SPURIOUS/ policies, announcing bonus or investment of
FRAUD PHONE premiums. Public receiving such phone calls are
2. Any person making default in complying with the provisions CALLS! requested to lodge a police complaint.
of this section shall be liable for a penalty which may extend
to ten lakh rupees.
About Tata AIA Life
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a
joint venture company, formed by Tata Sons Ltd. and AIA
Group Ltd (AIA). Tata AIA Life combines Tata’s pre-eminent
leadership position in India and AIA’s presence as the largest,
independent listed pan-Asia life insurance group in the world
spanning 18 markets in Asia Pacific. Tata Sons holds a majority
stake (51 per cent) in the company and AIA holds 49 per cent
through an AIA International Limited. Tata AIA Life Insurance
Company Limited was licensed to operate in India on February
12, 2001 and started operations on April 1, 2001.
Disclaimer:
• *Provided the policy is inforce and all due premiums have
been paid, Guaranteed Maturity Benefit is equal to 100%
of the Basic Sum Assured, and Guaranteed Income is
equal to 12% of Basic Sum Assured, shall commence from
the end of year following Maturity which increases annually
(compounding increase) by an Income Booster
• The brochure is not a contract of insurance. The precise
terms and conditions of this plan are specified in the policy

Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110) CIN: U66010MH2000PLC128403.
Registered & Corporate Office: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai - 400013. Trade logo displayed above
belongs to Tata Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance Company Ltd under a license. For any information including cancellation, claims and
complaints, please contact our Insurance Advisor / Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966 (local charges apply) or write to us at
customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888. Unique Reference Number - L&C/Advt/2019/Mar/186 • UIN: 110N131V01

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